Heritage Valley Health System Inc

Analysis

Heritage Valley Health System Inc is a registered charity in United States, based in Beaver, PA. It received its IRS tax-exemption ruling in April 2001, 25 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Heritage Valley Health System Inc reported income of $31.0m and spending of $8.6m, leaving 72% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $56.3m to $31.0m (-45%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 115%. Over the whole period it spent 34% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heritage Valley Health System Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within PA. Charities of a similar size with the same main cause include St Vincent Randolph Hospital Inc ($31.0m), Orchard Hospital ($31.0m) and Greater Baden Medical Service Incorporated ($31.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 31% of the total. Other salaries and wages came to $2.1m. At year end it held assets of $141.3m against liabilities of $13.6m, net assets of $127.7m.